Retroactive Energy Efficiency Loans Offer Pandemic Lifeline for Some Businesses

Posted by on December 17, 2020 |

Rachel Davis, Senior Vice President of Sales at Petros PACE Finance, was quoted in this Energy News Network article about how Petros has been seeing more interest in retroactive financing in 2020.

Rachel is quoted as saying, “We are seeing it where maybe the building owner had higher-cost mezzanine debt that’s started to come due…This is a natural fit if they can replace it with PACE. And we’re also seeing folks use it to modify their senior loan agreements, where they pay down some of the senior mortgage and lower their exposure.”

Read the full article here.